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Milabena, TAS 7325

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Median House

$525,000

Median Unit

$355,000

list-price estimate

Gross Yield (houses)

4.0%

1yr Growth (houses)

+4.9%

market range +0.0% to +7.5%

Investment snapshot for Milabena

Milabena has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Milabena market and investor summary

Milabena (TAS 7325) runs a median house price of $525K, with houses yielding a gross 4.0%. House prices have moved +4.9% over the past year. At 3.2% vacancy, it is a softer rental market with more choice for tenants.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.0% is neither a standout cashflow play nor a pure growth bet.

Living in Milabena: people, income and schools

Milabena is home to around 77 people, a number that has held fairly steady over five years. The median age is 53, an older, established demographic, and families account for 83% of households.

Households here earn a median of about $40,000 a year, or roughly $760 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). At current prices a median house runs to a steep 13.2 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 14% over five years, which tends to underpin what local buyers can pay.

Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
77
+5% over 5yr
Median age
53 years
Median household income
$40,000/yr
Households renting
24%
Family households
83%
Socio-economic rank
2/10
ABS advantage index
Unemployment
4.1%

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Milabena

No properties currently listed in Milabena

Search Milabena listings →

Frequently asked questions about Milabena

What should I check before investing in Milabena?

Milabena has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.0% gives a usable rent-to-price starting point. Capital growth of +4.9% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Milabena?

The median property price in Milabena, TAS 7325 is $525K for houses.

What rental yield does Milabena show?

The gross rental yield in Milabena is 4.0% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Milabena?

House prices in Milabena are up 4.9% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Milabena?

The current vacancy rate in Milabena is 3.2%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.

How many people live in Milabena?

Milabena has a population of approximately 77 residents, with a median age of 53.

Is Milabena affordable to buy in?

A median house in Milabena costs about 13.2 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Milabena's population growing?

The population of Milabena has grown modestly, about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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